The world's largest exporter (measured in total dollar volume, 2011) is:
A. the United States.
B. China.
C. Japan.
D. Germany.
B. China.
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting downward C. Aggregate demand shifting rightward D. Aggregate demand shifting leftward
Which type of U.S. government security is a kind of zero-coupon security?
A) Federal funds note B) U.S. Treasury note C) U.S. Treasury bill D) U.S. Treasury bond
A highway is a public good _____
a. if it is free b. if it is publicly run c. if it is uncongested d. if drivers cannot be excluded from driving on it
Markets that require workers with similar human capital:
A. vie for the same workers, who can interchange one type of employment for another. B. often have similar wages, because they employ similar workers. C. are more connected than others. D. All of these statements are true.